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Filing exhibits
- 10-K Annual report
- 12 Computation of Ratio of Earnings to Fixed Charges
- 21 Subsidiaries of the Corporation
- 23 Consent of Independent Registered Public Accounting Firm
- 24 Powers of Attorney
- 31 Certification of CEO Required by Rule 13A-14(A) or Rule 15D-14(A)
- 31 Certification of CFO Required by Rule 13A-14(A) or Rule 15D-14(A)
- 32 Certification of CEO Required by Rule 13A-14(B) or Rule 15D-14(B)
- 32 Certification of CFO Required by Rule 13A-14(B) or Rule 15D-14(B)
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Exhibit No. (12)
HALYARD HEALTH, INC.
Computation of Ratio of Earnings to Fixed Charges
(Dollar amounts in millions)
Year Ended December 31, | |||||||||||||||||||
2016 | 2015 | 2014 | 2013 | 2012 | |||||||||||||||
Income before income taxes | $ | 55.3 | $ | (410.5 | ) | $ | 91.2 | $ | 227.8 | $ | 229.8 | ||||||||
Interest expense | 32.7 | 33.1 | 6.0 | 0.1 | 0.8 | ||||||||||||||
Capitalized interest | 0.4 | 0.9 | 0.6 | 0.4 | 0.1 | ||||||||||||||
Interest factor in rent expense(a) | 7.2 | 7.1 | 6.0 | 5.6 | 4.5 | ||||||||||||||
Fixed Charges | 40.3 | 41.1 | 12.6 | 6.1 | 5.4 | ||||||||||||||
Income before income taxes plus fixed charges | $ | 95.6 | $ | (369.4 | ) | $ | 103.8 | $ | 233.9 | $ | 235.2 | ||||||||
Ratio of Earnings to Fixed Charges | 2.4 | (9.0 | ) | 8.2 | 38.3 | 43.6 |
__________________________________
(a) Interest portion of rent expense is assumed to be 33%.